Gold is a good store of value but it doesn’t make for a good money due to its inefficiencies as a medium of exchange. Global trade cannot occur with physical gold.
If a business in US needs to pay a business in Japan, are they to send them physical gold? That’s costly.
The solution was to create paper currency that was backed by gold. We all know how that turned out. Elites exploited the peg and we’re left with the broken system we have today.
Bitcoin fixes this. It’s as good as gold in maintaining its purchasing power if you have a 4 year time horizon, and it’s a superior form of money for reasons I’ve already mentioned. Instant, secure, peer to peer, no trusted third parties, payments.
Bitcoin = digital gold
Supply of gold increase ~2% every year, Bitcoin supply capped at 21 million.
Try paying someone in gold. Is it easily divisible? Is it safe?
Bitcoin offers instant, private, peer to peer transactions globally.
Govts can confiscate gold. How can they confiscate my bitcoin when the keys to access are in my head?
The list goes on my friend. Do some more research. You’re in the right place so you have that going for you.
If people understand value proposition of gold then they’ll get bitcoins value proposition in a jif. They just need to think a little. We can help with that!
He may not understand technology but I bet he can understand that spending his time and energy to earn fiat money that can be printed at will by govts is pretty bullshit.
Realizing this, would he be interested in learning more about an alternative currency that is fixed in supply and can never be printed?
What about bitcoin doesn’t fit into your libertarian philosophy? Why have you ruled it out completely?
Bitcoin will free people to pursue knowledge vs slaving away for fiat.
💯 scammy Sammy bankman fraud get ourt on bail and Ross serving 2 life sentences. WTF
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I’m draggin I kno. Tomorrow I will set up ze zaps
?cid=2154d3d75xwkeadbvpfzwm5sw498skw2osjrv1ms237r9pf7&rid=giphy.gif&ct=gThat game they do on discord “marbles” could get zapified ⚡️ I bet
Twitter is to Nostr what cable news is to podcasts. Once you try it you can’t go back.
?cid=2154d3d7zyuugppai5d9fl0kc0injyzmgujwcqqapk2bpcfd&rid=giphy.gif&ct=gSend it 🤙
Mario party meets zaps ⚡️! ???
